As you read in our last blog post about the best cryptocurrencies to invest in 2022. As seen, the number of investors in the crypto market has increased continuously. In recent times, there has been tremendous volatility in the market of cryptocurrencies. People’s interest is also increasing in Crypto. Today we are going to tell you about the top cryptocurrencies that can make you Millionaires by giving you strong returns after your investment.
Here, we are focusing on some of these cryptocurrencies that have had excellent performances over the past few months, and have delivered significant financial results to their investors. Note that this analysis is not intended for market prediction at all, but merely an observation of the performance of cryptocurrencies and an indication of their potential for investors.
Know The Top-Performing Crypto Coins
Table of Contents
First, let’s take a look at some of the top-performing crypto coins over the past few months. Note that this should ideally include the coins that are going to grow the most in terms of market cap/market value, but the cryptocurrency market is a bit tricky if you look at it that way.
Simply put, a simple fact – more than 10 cryptocurrencies have increased in value by more than 1,000 percent in the past two months. This means that your investment of Rs 20,000 has given a return of more than Rs 2 lakh.
While this may sound tempting, these coins often stay away from a wide audience and are listed on very few platforms for public trade/public trade.
List of Top Performing Crypto Coins
Bitcoin
Bitcoin, the godfather of all cryptocurrencies in terms of market capitalization, has registered a growth of 42.43 percent over the past 60-day period. The most valuable cryptocurrency in the world saw its value fall in late September, which lasted until early October. But since then bitcoin has been delivering impressive returns to bitcoin investors. The value of bitcoin is Rs 34 Lakh something at the time of writing this post.
Ethereum
Ethereum has registered a rise of nearly 37 percent in the past two months, followed by bitcoin. At the beginning of this period, Ethereum traded around Rs 2.43 lakh, which was valued at Rs 2.49 lakh at the time of writing this post.
Fantom
A scalable smart-contract platform that enables developers to build decentralized/decentralized applications, Phantom has been a hot coin in the past few months. At the beginning of the two months mentioned above, the cryptocurrency was trading around Rs 100. After 60 days at the time of writing this article, it is priced at Rs 114, registering an amazing growth.
Last Word
These were the cryptocurrencies that have a strong market capitalization and have also seen a significant increase in their value in the last two months. In layman’s terms, these are “safe bets” in the crypto world. Don’t take this as investment advice though, and be sure to do your own research before investing in any of these.
Of course, by no means are these crypto coins that have experienced the highest growth. As mentioned above, such unusual price jumps are mostly seen in new coins, which are not very risk-free investments. If you are still interested in this, let us tell you that some of the coins that have appeared in the last two months are Kadena, Advanced Technology Coin, Pegnet, Acroma, Rabbit Coin etc. Dogtown and TRXDown are the ones that have seen an astonishing increase in the seven-digit percentage values.
(Disclaimer: Information such as prices, value and updates in this article is as of the time we were making this post, it may change in the future. So, we don’t confirm it for the future. Before investing in any cryptocurrency, please check all the guidelines and current updates very carefully)